QUESTION 2 1 poin The Company expensed $9,000 for country club memberships for their top executives. QUESTION 3 1 pol As the Company changed property and casualty insurers during the year, all of its assets had to be appraised. The cost of this appraisal was $2,520, with the entire amount being expensed in the year. QUESTION 4 2 pc The Company has a Class 8 balance of $10,300 at the beginning of 2021 relating to their office furniture. The Company disposed of all remaining assets in Class 8 during the renovation of the office building. The capital cost of these assets was $19,500 and the proceeds of disposition amounted to $3,700. The company has chosen to lease office furniture going forward so no additional Class 8 assets were purchased in the year. the company 2021 year ended taxation year ending december 31,2021. using ASPE the accountant has determined that the company has experienced a loss of $120,00 before income taxes. for each question provide the effect on the reconciliation of Net Loss for accounting purposes to minimum net business income/loss for tax purposes. QUESTION 2 1 poin The Company expensed $9,000 for country club memberships for their top executives. QUESTION 3 1 pol As the Company changed property and casualty insurers during the year, all of its assets had to be appraised. The cost of this appraisal was $2,520, with the entire amount being expensed in the year. QUESTION 4 2 pc The Company has a Class 8 balance of $10,300 at the beginning of 2021 relating to their office furniture. The Company disposed of all remaining assets in Class 8 during the renovation of the office building. The capital cost of these assets was $19,500 and the proceeds of disposition amounted to $3,700. The company has chosen to lease office furniture going forward so no additional Class 8 assets were purchased in the year. the company 2021 year ended taxation year ending december 31,2021. using ASPE the accountant has determined that the company has experienced a loss of $120,00 before income taxes. for each question provide the effect on the reconciliation of Net Loss for accounting purposes to minimum net business income/loss for tax purposes